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Dovator [93]
3 years ago
15

What is the definition of the word mercantilism

Social Studies
2 answers:
crimeas [40]3 years ago
4 0

Answer:

The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

Airida [17]3 years ago
3 0

Answer:

Belief in the benefits of profitable trading.

The historical meaning is

The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

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2 years ago
7. Many utilitarians would argue that a. increased worker participation in industrial life is beneficial. b. social utility is i
prisoha [69]

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In the early 19th century, utilitarians tended to favor free trade the laissez fair view of ADAM SMITH. Today they favor the idea of increased worker participation and a more equitable(fair and impartial) distribution of income and resources. This would seem to bring happiness which is the ultimate goal for Utilitarians.

3 0
3 years ago
What is the definition of confederation, and constitution??
9966 [12]
<h3><u>Question</u><u>:</u><u>-</u></h3>

What is the definition of confederation, and constitution??

<h3><u>Answer</u><u>:</u><u>-</u></h3>

Confederation: Unions, mainly people or leagues.

Constitution: The Constitution is a collection of basic principles or established case law that constitutes the legal basis for an entity, organization, or other type of entity and generally determines how that entity is determined.

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